Canaccord Genuity Group Increases SentinelOne (NYSE:S) Price Target to $18.00

Key Points

• Canaccord Genuity Group raised SentinelOne’s price target to $18 from $17 and kept a buy rating, implying about 5.5% upside from the stock’s current price.
• SentinelOne’s shares were down 5.3% on Friday to $17.06, even as trading volume jumped well above average. The stock has traded between $11.81 and $21.40 over the past year.
• The company recently beat quarterly EPS estimates with $0.04 per share, while revenue rose 20.8% year over year. However, investors remain focused on softer guidance and mixed analyst views, with the consensus rating still at Moderate Buy.

SentinelOne (NYSE:S - Get Free Report) had its price target increased by analysts at Canaccord Genuity Group from $17.00 to $18.00 in a report issued on Friday,Benzinga reports. The firm currently has a "buy" rating on the stock. Canaccord Genuity Group's target price suggests a potential upside of 5.51% from the stock's current price.

Several other research firms have also commented on S. Stephens reduced their price target on shares of SentinelOne from $20.00 to $18.00 and set an "overweight" rating for the company in a report on Friday, March 13th. Oppenheimer boosted their price target on shares of SentinelOne from $18.00 to $21.00 and gave the company an "outperform" rating in a report on Thursday, May 21st. Wolfe Research set a $20.00 price target on shares of SentinelOne in a report on Friday. Jefferies Financial Group boosted their price target on shares of SentinelOne from $20.00 to $24.00 and gave the company a "buy" rating in a report on Tuesday. Finally, Cantor Fitzgerald boosted their price target on shares of SentinelOne from $18.00 to $24.00 and gave the company an "overweight" rating in a report on Wednesday. Seventeen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $19.64.

SentinelOne Stock Down 5.3%

S traded down $0.96 on Friday, reaching $17.06. 20,652,167 shares of the company traded hands, compared to its average volume of 8,372,053. SentinelOne has a one year low of $11.81 and a one year high of $21.40. The firm has a fifty day simple moving average of $14.91 and a two-hundred day simple moving average of $14.74. The company has a market cap of $5.81 billion, a P/E ratio of -12.52 and a beta of 0.78.

SentinelOne (NYSE:S - Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The company reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.02. SentinelOne had a negative net margin of 45.02% and a negative return on equity of 15.04%. The company had revenue of $276.66 million during the quarter, compared to analyst estimates of $277.32 million. During the same quarter last year, the business posted $0.02 EPS. The firm's revenue for the quarter was up 20.8% on a year-over-year basis. SentinelOne has set its Q2 2027 guidance at 0.060-0.080 EPS and its FY 2027 guidance at 0.320-0.380 EPS. On average, equities analysts forecast that SentinelOne will post -0.6 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Keenan Michael Conder sold 4,550 shares of the stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $15.65, for a total transaction of $71,207.50. Following the sale, the insider directly owned 991,133 shares of the company's stock, valued at approximately $15,511,231.45. This represents a 0.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Ana G. Pinczuk sold 16,042 shares of the stock in a transaction on Monday, April 6th. The stock was sold at an average price of $13.41, for a total transaction of $215,123.22. Following the sale, the insider directly owned 587,608 shares in the company, valued at $7,879,823.28. This trade represents a 2.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 527,586 shares of company stock worth $7,638,793. Company insiders own 4.27% of the company's stock.

Institutional Trading of SentinelOne

A number of hedge funds have recently added to or reduced their stakes in the company. Woodline Partners LP acquired a new position in SentinelOne during the first quarter worth $382,000. Focus Partners Wealth acquired a new stake in shares of SentinelOne in the first quarter valued at about $346,000. Prudential Financial Inc. raised its position in shares of SentinelOne by 28.4% in the second quarter. Prudential Financial Inc. now owns 21,141 shares of the company's stock valued at $386,000 after buying an additional 4,680 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of SentinelOne by 540.3% in the second quarter. EverSource Wealth Advisors LLC now owns 4,258 shares of the company's stock valued at $78,000 after buying an additional 3,593 shares during the last quarter. Finally, Amundi raised its position in shares of SentinelOne by 7.9% in the second quarter. Amundi now owns 170,047 shares of the company's stock valued at $3,083,000 after buying an additional 12,495 shares during the last quarter. 90.87% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about SentinelOne

Here are the key news stories impacting SentinelOne this week:

• Positive Sentiment: SentinelOne beat first-quarter EPS estimates, reporting $0.04 per share versus $0.02 expected, and revenue still grew about 21% year over year. Article Title
• Positive Sentiment: Several brokers remain constructive, with Wedbush and Rosenblatt reaffirming bullish ratings and price targets near $20, and Bank of America upgrading the stock to buy. Article Title
• Neutral Sentiment: Management says the layoffs are part of a restructuring aimed at funding higher-priority AI and cloud investments, which could improve efficiency over time but also signals near-term operational pressure. Article Title
• Negative Sentiment: Investors are reacting to weak guidance: SentinelOne’s Q2 revenue outlook came in below expectations, and full-year guidance was also viewed as soft, which outweighed the earnings beat. Article Title
• Negative Sentiment: Barclays cut its price target to $16 and kept an equal-weight rating, reinforcing concerns that the stock may struggle without a clearer growth acceleration. Article Title

SentinelOne Company Profile

SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne's solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.

The company's flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.

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